Xerox Improves Services Business in Q1, Document Technology Continues to Slide

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On April 25, Xerox announced its first-quarter 2016 financial results. This is the first quarterly results announcement following the big news in January that Xerox plans to split into two publicly traded companies: an $11 billion Document Technology and Document Outsourcing (DO) company and a $7 billion Business Process Outsourcing (BPO) company (see “Xerox to

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